Saturday, 24 May 2014

Mercedes and Petronas extend title partnership until the end of 2019

(Mercedes AMG F1 Team)

Mercedes and Petronas announced this morning that they have extended their already long standing partnership through until the end of 2019. The two company's came together when Ross Brawn sold his championship winning Brawn Grand Prix team to Mercedes at the end of 2010.

Speaking about the new agreement, Tan Sri Dato Shamsul Azhar Abbas, president of Petronas said:

“2014 is a milestone year for PETRONAS in Formula One. Not only does this year mark our 20th season of involvement in the sport but it also delivered an historic 1-2 finish for the Silver Arrows at the 2014 Formula 1 PETRONAS Malaysia Grand Prix. We are proud to partner the best car company in the world, Mercedes-Benz, both on the track and also in our business thanks to our strategic business alliance. Our technical teams worked hand-in-hand to deliver the level of performance we have enjoyed this season in Formula One and it shows that we are developing and delivering world-class products together – both on the track and on the road.”

The Mercedes AMG F1 Team have won every Grand Prix of the 2014 season with Lewis Hamilton having won the last four Grand Prix while Nico Rosberg won the opening race of the season in Melbourne, Australia.

Dr Dieter Zetsche, chairman of the board of management at Daimler AG and head of Mercedes Benz cars added:

'“Motorsport is in our DNA. The first Mercedes was a race car and we use the race track as a research laboratory. In Formula One, we can push new technologies to the absolute limit, before they are introduced into our production vehicles. The success of our team this season is the result of hard work and an outstanding partnership with PETRONAS. We share a passion for innovation, the commitment to excellence and, above all, the will to win. We are stronger together – and that’s how it will stay.”
Mercedes Motorsport boss Toto Wolff also said: